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Vareto Comes Out Of Stealth, Raising $24M In Funding From Gv And Menlo Ventures

Oct 01, 2021•almost 4 years ago

Amount Raised

$24 Million

Mountain View

Description

Vareto, the strategic finance platform, today announced its emergence from stealth with $24 million in total funding. GV (formerly Google Ventures) led the Series A, with participation from existing investor Menlo Ventures, who led the seed round. Additional angel investors include unicorn founders and chief financial officers at top technology companies. The funding will be used to expand the hiring of its product and engineering teams in order to accelerate platform development.

Company Information

Company

Vareto

Location

Mountain View, California, United States

About

Vareto is a strategic finance platform that powers company planning, reporting, and operational decision-making with onboarding in days, not months. Built for enterprise and growth stage companies alike, Vareto is the secure platform that teams want to work in due to its familiar interface and powerful reports and models. Backed by GV (formerly Google Ventures), Menlo Ventures, and 40 angel investors including chief financial officers from some of the world’s leading technology companies. Vareto is hiring team members across job roles. To learn more, visit www.vareto.com. 1. SAP: FP&A Empowerment Survey (2019) 2. Constellation Research: Modern Planning Platforms Drive Business Agility and Better Outcomes (2021)

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech